Premier Foods Plc (PFD) Upgraded to Hold by Shore Capital
Premier Foods Plc (LON:PFD) was upgraded by research analysts at Shore Capital to a “hold” rating in a report released on Thursday.
PFD has been the subject of several other research reports. Credit Suisse Group reissued a “neutral” rating and issued a GBX 40 ($0.52) price objective on shares of Premier Foods Plc in a research report on Wednesday, March 29th. Investec reissued a “hold” rating and issued a GBX 48 ($0.63) price objective on shares of Premier Foods Plc in a research report on Thursday, May 25th. Finally, Jefferies Group LLC increased their price objective on shares of Premier Foods Plc from GBX 43 ($0.56) to GBX 46 ($0.60) and gave the stock a “hold” rating in a research report on Monday, July 10th.
Shares of Premier Foods Plc (LON:PFD) traded up 3.23% during trading on Thursday, reaching GBX 40.00. 922,441 shares of the company’s stock traded hands. The stock has a 50-day moving average of GBX 40.22 and a 200-day moving average of GBX 41.97. The company’s market capitalization is GBX 332.97 million. Premier Foods Plc has a 1-year low of GBX 38.00 and a 1-year high of GBX 57.00.
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Premier Foods Plc Company Profile
Premier Foods plc is a food company. The Company is engaged in the manufacture and distribution of branded and own label food and beverage products. The Company’s segments include Grocery, Sweet Treats and International. The Grocery segment primarily sells savory ambient food products. The Sweet Treats segment sells sweet ambient food products.
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